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7424 NE 2nd Ave

Miami, FL 33138
  • $3,500,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: A11524035
UPDATED: 28 min ago
$3,500,000
  • 0
    BEDS
  • 0.58
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Opportunity to purchase a prime hard corner development site in Little River, Miami's hottest emerging market. Little River is seeing a rapid transformation, with an influx of bullish investors predicting a Wynwood like transformation. The property is in direct proximity to the Little River business district. There are at least three major development projects planned within two blocks of the subject property. Two of the sites are on the same street with a combined 357 residential units planed. On one site, directly to the west, the developers plan to build 320,000 SF of class A commercial space. The property also has about $66,500 in gross rental income, with ability to increase rents, offering a developer cash to cover costs while waiting to break ground.

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Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2024-02-20T20:51:46.457.
www.villarrealre.com/homes/147086008
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7424 NE 2nd Ave Miami, FL 33138

  • Price: $3,500,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 28 min ago
  • MLS #: A11524035
0
Beds
0
Baths
0
½ Baths
0.58
Acres
Neighborhood:
Little River Extension
County:
Miami-Dade
Area:
Little River Extension
Property Description
Opportunity to purchase a prime hard corner development site in Little River, Miami's hottest emerging market. Little River is seeing a rapid transformation, with an influx of bullish investors predicting a Wynwood like transformation. The property is in direct proximity to the Little River business district. There are at least three major development projects planned within two blocks of the subject property. Two of the sites are on the same street with a combined 357 residential units planed. On one site, directly to the west, the developers plan to build 320,000 SF of class A commercial space. The property also has about $66,500 in gross rental income, with ability to increase rents, offering a developer cash to cover costs while waiting to break ground.
Exterior Features

Frontage Length 210 Lot Features Central Business DistrictCity LocationCorner LocationLess Than 1 Acre Pool Private YN No Road Frontage Type Main Thoroughfare View YN No Waterfront YN No

Property Features

Additional Parcels YN Yes Association YN No Building Name LITTLE RIVER EXTENSION Horse YN No New Construction YN No Public Survey Section 12 Sewer Public Sanitation Tax Annual Amount 14305 Tax Year 2023 Water Source Municipal Water Zoning 7700

Listing courtesy of STL Advisors, LLC: .


Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2024-02-20T20:51:46.457.
 
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